Shares of Sparton Resources Inc. (CVE:SRI) rose 9.1% during mid-day trading on Monday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 187,500 shares were traded during trading, an increase of 54% from the average daily volume of 121,688 shares. The stock had previously closed at C$0.06.
The firm has a market capitalization of $7.42 million and a PE ratio of -12.00. The company has a debt-to-equity ratio of 28.56, a current ratio of 0.07 and a quick ratio of 0.05.
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About Sparton Resources (CVE:SRI)
Sparton Resources Inc, an exploration and development stage company, focuses on the exploration and evaluation of properties in Canada and China. The company's primary projects are the Chebucto natural gas field located in the Sable Island area of offshore Nova Scotia; and the VanSpar vanadium and battery commissioning projects in China.
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